West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jan 6, 2026 is estimated to be $180 Million, with a cash option of 81.9 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of West Virginia, your state will take 6.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

West Virginia MEGA Millions Jackpot/Cash Option for Tue Jan 6, 2026

Draw Date	Jackpot	Cash Option
Tue Jan 6, 2026	$180,000,000	$81,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$81,900,000
Federal Tax(24%)	$19,656,000
Additional Federal Tax	$10,607,330
State Tax(6.5%)	$5,323,500
Net Lumpsum Payment	$46,313,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,709,180	-$962,727 -$176,097	$1,570,356
2	$2,844,720	-$1,012,877 -$184,907	$1,646,936
3	$2,986,920	-$1,065,491 -$194,150	$1,727,279
4	$3,136,320	-$1,120,769 -$203,861	$1,811,690
5	$3,293,100	-$1,178,777 -$214,052	$1,900,271
6	$3,457,800	-$1,239,716 -$224,757	$1,993,327
7	$3,630,600	-$1,303,652 -$235,989	$2,090,959
8	$3,812,220	-$1,370,852 -$247,794	$2,193,574
9	$4,002,840	-$1,441,381 -$260,185	$2,301,274
10	$4,203,000	-$1,515,440 -$273,195	$2,414,365
11	$4,413,060	-$1,593,163 -$286,849	$2,533,048
12	$4,633,740	-$1,674,814 -$301,193	$2,657,733
13	$4,865,400	-$1,760,528 -$316,251	$2,788,621
14	$5,108,760	-$1,850,572 -$332,069	$2,926,119
15	$5,364,180	-$1,945,077 -$348,672	$3,070,431
16	$5,632,380	-$2,044,311 -$366,105	$3,221,964
17	$5,913,900	-$2,148,473 -$384,404	$3,381,023
18	$6,209,640	-$2,257,897 -$403,627	$3,548,116
19	$6,520,140	-$2,372,782 -$423,809	$3,723,549
20	$6,846,120	-$2,493,395 -$444,998	$3,907,727
21	$7,188,480	-$2,620,068 -$467,251	$4,101,161
22	$7,547,940	-$2,753,068 -$490,616	$4,304,256
23	$7,925,220	-$2,892,662 -$515,139	$4,517,419
24	$8,321,580	-$3,039,315 -$540,903	$4,741,362
25	$8,737,560	-$3,193,228 -$567,941	$4,976,391
26	$9,174,600	-$3,354,932 -$596,349	$5,223,319
27	$9,633,240	-$3,524,629 -$626,161	$5,482,450
28	$10,114,920	-$3,702,851 -$657,470	$5,754,599
29	$10,620,720	-$3,889,997 -$690,347	$6,040,376
30	$11,151,720	-$4,086,467 -$724,862	$6,340,391